Rex Energy Corp fka REXXQ

[Illumin8edSurfer]

So I was poking around and noticed lots of $ has been going into producing new tanker technology to move Ethane around the globe. Rexx gets a contract with Ineos whom contracts with Evergas to build this state of the art Dragon class to ship LNG.

http://www.maritime-executive.com/article/samsung-delivers-worlds-largest-ethane-carriers

Now you get these monsters coming out of Samsung's shop, moving lots of Ethane LNG's over to India for Reliance Industries. I begin to wonder if Rexx has a piece of that action and I discover that they do as they have contracts to pump south through the ATEX pipeline.

http://files.shareholder.com/downloads/REXX/2974498297x0x911289/75F6312C-EC5B-41C0-A588-6CB96F83BECE/October_2016_Corporate_Presentation.pdf

So now I see that they have contracts to pump to Europe with Ineos and Asia via ATEX/Reliance. On top of this we have domestic Ethane crackers on build. Shell and its large complex plus others due for build out. It seems that lots of money is being invested into Ethane and its supporting global infrastructure. Ethane is on the rise to becoming the number one petrochemical feedstock.

http://www.eia.gov/todayinenergy/detail.php?id=25632

You look around at the best LNG wet gas producing wells which are in Butler County currently among the ones discovered, REXX has great wet gas producing land, hence Ineos contract after vetting, and you notice that REXX has the most activity in the area. With further more wells coming, which was learned on the recent conference call. Seems like a bright future for Ethane and Rexx.

http://edge.media-server.com/m/p/h5fxy6oh
http://www.shaleexperts.com/plays/marcellus-shale/county/butler-county-pa


I wouldn't be surprised to see REXX above $1 before it's time frame is up for it to climb over $1. 6 months after Dec when their proposal is due explaining how they will raise the sp above $1.